'If MNM's LV hope is 3-5 years at best until drilling starts (if ever)...forget LV....and likley BM is similar. How brilliant it was for ESI to secure coal from one of the largest/highest quality brown coal mines in the world with a large p/station hooked on.'
come on amazed, as a regular poster on MNM you know full well that 3-5 years is the projected timetable for construction of the mnm/exergen plant. you know, the plant that will be funded by exergen's owners - TATA of India, Itochu of Japan, Sedgman and Thiess - the specialist coal infrastructure developers of Australia.
And you are seriously backing 'Tincom' against these guys? Donlt listen to anyone about this, just Google the respective players, and ask yourself who is more likely to invest the time, money and expertise to get to the brown coal holy grail first?
and if you're still unsure, have a look at the markets view of those odds by comparing the SP of MNM and ESI over the last 6 months.
There is a very good reason that the green lobby is concerned about MNM, and not remotely interested in ESI. What do you suppose it is?
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